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Wells Fargo Provides $220M Loan For Office Building At 10 East 53rd Street In Plaza District

10 East 53rd Street
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This Office property located in NY received a loan of $220,000,000 almost 4 years ago. The brokers of the deal were Adam Schwartz, Keith Kurland, Jonathan Schwartz, and Aaron Appel

10 East 53rd Street in the Plaza District has been the subject of a recent closed transaction. The property, an office building, was involved in a deal that took place on April 8, 2020. The loan for this transaction was provided by Wells Fargo, while the landlord of the property is SL Green Realty represented by Andrew Matthias and Marc Holliday. The brokers involved in the deal were Aaron Appel, Keith Kurland, Jonathan Schwartz, and Adam Schwartz from Walker & Dunlop.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $220,000,000
  • Loan Terms: 5 years
  • Square Footage: 385,000

This transaction involved key individuals and companies. Aaron Appel, Keith Kurland, Jonathan Schwartz, and Adam Schwartz represented the buyer, seller, landlord, or tenant in the deal. They played a crucial role in facilitating the transaction and ensuring its success.

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Deals
  • Location
    10 E 53rd St, New York, NY 10022, USA10 E 53rd St, New York, NY 10022, USA
  • Loan Value
    $220,000,000$220,000,000
  • Asset Type
    OfficeOffice
  • Parties
    4 Brokers, 1 Agency, 1 Lender4 Brokers, 1 Agency, 1 Lender

Agents

Keith Kurland

Keith Kurland

Deals80
Financed$12.8B

Adam Schwartz

Adam Schwartz

Deals73
Financed$11B

Aaron Appel

Aaron Appel

Deals92
Financed$15.1B

Agency

Walker & Dunlop

Walker & Dunlop

Agency
Deals607
Volume$76.5B

Wells Fargo

Wells Fargo

Lender
Deals121
Volume$ 1.1T

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Deal Summary

LOAN IMAGE: Aaron Appel, Andrew Matthias, Keith Kurland, Marc Holliday, Jonathan Schwartz, & Adam Schwartz DATE: 04/08/2020 ADDRESS: 10 East 53rd Street MARKET: Plaza District ASSET TYPE: Office LENDER: Wells Fargo LANDLORD: SL Green Realty - Andrew Matthias & Marc Holliday BROKERS: Aaron Appel, Keith Kurland, Jonathan Schwartz & Adam Schwartz @WalkerDunlop LOAN AMOUNT: $220,000,000 LOAN TERMS: 5 years SF: 385,000

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10 East 53rd Street

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